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Breakout stocks of the week: Nitin Spinners, Pix Transmission and Affle India

Last Updated on January 10, 2022 at 1:36 pm

NITIN SPINNERS :


Price has formed ascending triangle pattern and has managed to close above the neckline.There is strength in the price with pinbar formation above the resistance turned support.For target of 400 , this stock can be bought.

PIX TRANSMISSION :


This stock is from plantation products. Price has been trading in a range from last 6 months.Price has broken the range  with good volumes and has closed above the resistance of 920 levels.Stock can be bought for a target of 1180 levels on short term basis. Investment at current levels is a
good option as well.

AFFLE INDIA :

Affle india has been making a cup and handle pattern and price has closed above the resistance.Structure is extremely strong. Stock can be bought at current levels for a short term target of 1700.